The income statement of Whispering Winds Corp. is presented here. Whispering Winds Corp. Income Statement For the Year Ended November 30, 2022 Sales revenue $7,488,000 Cost of goods sold Beginning inventory $1,994,700 Purchases 4,385,800 Goods available for sale 6,380,500 Ending inventory 1,750,200 Total cost of goods sold 4,630,300 Gross profit 2,857,700 Operating expenses Selling expenses 444,000 Administrative expenses 618,800 1,062,800 Net income $1,794,900 Additional information: 1. 2. 3. 4. 5. Accounts receivable decreased $388,200 during the year, and inventory decreased $244,500. Prepaid expenses increased $184,000 during the year. Accounts payable to suppliers of inventory decreased $347,200 during the year. Accrued expenses payable decreased $102,800 during the year. Administrative expenses include depreciation expense of $112,100. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2022, for Whispering Winds Corp., using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Whispering Winds Corp. Statement of Cash Flows (Partial) - Indirect Method $ Adjustments to reconcile net income to $ 4 $